Posts Tagged ‘swift-transportation’

Swift Transportation promises ‘enhanced’ driver pay as shortage crimps growth

Year-over-year percentage changes in revenue, excluding fuel surcharges, for Swift’s truckload and dedicated divisions are following divergent paths.

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Swift Transportation’s Profit Drops 11 Percent

Swift Transportation reported its net income in the third quarter of 2013 was $30.0 million, dropping 11.0 percent year-over-year from $33.7 million. However, quarterly revenue for Swift Transportation, No. 6 in JOC’s Top 50 Trucking Companies, was $1.0 billion, rising 4.0 percent from $992.6 million in the third quarter of 2012…

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Mergers and Acquisitions Reshape Reefer Trucking

The U.S. refrigerated trucking industry, traditionally composed mostly of small carriers, is consolidating as larger carriers merge and buy other companies. Swift Transportation, the nation’s largest truckload carrier, in September expanded its refrigerated freight business by acquiring Central Refrigerated Service.

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Swift Transportation’s 2Q Profit Jumped 27.4 Percent

Swift Transportation reported its profit in the second quarter of 2013 was $42.9 million, jumping 27.4 percent from $33.7 million in the same quarter in the previous year. Revenue for Swift Transportation, No. 6 in JOC’s Top 50 Trucking Companies ranking, rose 2.9 percent in the second quarter, reaching $898.1 million,..

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Swift Transportation’s First-Quarter Profit Soared

Swift Transportation reported its profit in the first quarter of 2013 was $23.3 million, compared with $6.2 million in the first quarter of 2012.

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Swift Transportation’s Profit Jumped 26.5 Percent in 2012

Phoenix-based regional truckload carrier Swift Transportation reported profit in the fourth quarter of 2012 was $46.9 million, jumping 27.3 percent from $36.8 million in the fourth quarter of 2011. Quarterly revenue was $922.6 million, up 7.2 percent year-over-year from $860.7 million. For the full year of 2012, income was $114.6 million,…

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Intermodal Puts Swift on Track to Higher Profit

Intermodal growth and higher truckload rates helped Swift Transportation boost second-quarter net profit 72 percent from a year ago to…

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Swift Pay Incentives Target Truck Driver Retention

Swift Transportation, the nation’s largest truckload carrier, will offer truck drivers quarterly performance-linked bonuses that it says could add…

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Swift Profit Soars on Pricing Gains

Higher truckload pricing helped Swift Transportation nearly double its first quarter profit from a year earlier, raising net income to…

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Truckload Carrier Swift Adds Capacity Online

Swift Transportation, the nation’s largest truckload carrier, is increasing capacity by using technology that gives it quicker access to other…

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